Courtesy of HomeSmart
Property Description
RARE 2.25% ASSUMABLE VA LOAN – A FINANCING OPPORTUNITY YOU DON’T SEE OFTEN! With interest rates significantly higher today, this home offers a unique chance for qualified buyers to potentially save hundreds per month by assuming the seller’s existing 2.25% VA loan (subject to lender and VA approval). The current loan balance is approximately $189,000 with an estimated monthly payment of around $1,200. Buyers would need approximately $241,000 in cash, secondary financing, or a combination of both to cover the difference between the purchase price and the assumable loan balance. Beyond the financing advantage, this well-maintained home offers comfortable living in a convenient Phoenix location. Enjoy a functional floor plan with inviting living spaces!
Open House
Property Details and Features
-
Appliances & Equipment
- “Built-in Microwave”
- “Built-In Electric Oven”
-
Bathrooms
- 1 half bathroom
- 2 full bathrooms
- 3 total bathrooms
-
Bedrooms
- 4 total bedrooms
-
Building
- Built in 2011
- Living area: 1958
- Construction materials: “Stucco”, “Wood Frame”
-
Cooling
- “Central Air”
-
Fence
- “Block”
-
Floors
- “Carpet”
- “Tile”
-
Garage
- 2 spaces
-
Heating
- “Forced Air”
-
Home Owner’s Association
- Association fee: $327
- Association fee frequency: Quarterly
- Association fee includes: “Maintenance Grounds”
-
Interior Features
- “Full Bth Master Bdrm”
-
Listing
- Listing ID: 7026831
- Standard status: Active
- 25 days on market
-
Location
- Subdivision name: MOUNTAIN GROVE COMMUNITY
-
Lot
- 0.09 acres
- 3,930 sqft
- “Gravel/Stone Front”
- “Gravel/Stone Back”
- “Synthetic Grass Back”
-
Possession
- “Close Of Escrow”
-
Roof
- “Tile”
-
Schools
- Elementary school: Bernard Black Elementary School
- High school: Camelback High School
- High school district: Phoenix Union High School District
-
Sewer
- “Public Sewer”
-
Taxes
- Annual amount: $2,851
- Lot: 58
Property Map
Street View
Market Trends for 85042, Phoenix, AZ
Nearby Schools
Request More Information
Schedule a Showing
Similar Properties Nearby
This content last updated on June 5, 2026 2:23AM. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.